Friday, February 5th, today’s news—stock prices on global markets near record highs on vaccine optimism. European markets rise, Germany's factory orders slide, oil is up to highest in a year, dollar ends it best week in three months, Treasury yields are lower. The price of Brent oil is $59.59, WTI—$56.96, EUR/USD …
#UNH
The overall trend is upward. The support level of 329.0 is holding back sellers. The Doji candle shape has formed. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy on the breakout of the Doji figure above 331.52.
Stop loss under …
EURUSD
The pair is trading lower amid positive news on the US employment data, which will be released today. If it turn out to be higher than the forecast, this will support the dollar exchange rate.
Technical side:
The price is located below the middle Bollinger band, below SMA 5 …
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